Higher Rates 2ble positive for working class and retired

[ish mailian]

 Forecasting is difficult.

James Howard was wrong about...well...almost everything:

The ECB, Greece, the Dollar, the capital markets generally, and more
specifically European, American, and High Yield Bonds, derivatives, CD
swaps, Stocks, commodities, metals, gold, silver, currencies, the banks,
the Fed, the government, the tax payers and electorates....

he was close on oil, though for the wrong reasons...


Is his analysis that bad? His theory? What?

Forecasting ain't easy.




On Wed, Dec 16, 2015 at 8:48 AM, Allan Balliett <allan.balliett at gmail.com>
wrote:

> Here's a little out of the box thinking on the coming economy by James
> Howard Kunstler, author of "The Long Emergency" as well as the "The World
> Made by Hand" series
>
> http://kunstler.com/forecast/forecast-2015/
>
> Both thought AND fear provoking.
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://waste.org/pipermail/pynchon-l/attachments/20151216/e56d5708/attachment.html>